Page 24 of 28 FirstFirst ... 142223242526 ... LastLast
Results 231 to 240 of 272

Thread: Bachmann: I'll get gas under $2

  1. #231
    Professor xpiher's Avatar
    Join Date
    Apr 2011
    Last Seen
    04-23-12 @ 10:33 PM
    Gender
    Lean
    Libertarian
    Posts
    1,993

    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by Nevergolfpar View Post
    I see that you failed to mention that my plan would not work. Additionally, it's so nice to finally hear a lib admit that environmental laws are essentially a tax on the middle class. BTW: removing all environmental and governmental regulation, it would only take 6 months to build a new refinery. It is the "REGULATION" which slows down the process to a crawl.
    So you are willing to destroy fresh water and food supply sources? Are you an idiot?
    Hayek - too liberal for republicans

  2. #232
    Banned
    Join Date
    Mar 2010
    Last Seen
    07-19-17 @ 03:51 PM
    Gender
    Lean
    Libertarian
    Posts
    60,458

    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by xpiher View Post
    So you are willing to destroy fresh water and food supply sources? Are you an idiot?
    What? Did I miss something? How does removing regulations mean destroying fresh water and food supply sources would be fine?

  3. #233
    Sage
    Lord Tammerlain's Avatar
    Join Date
    Jan 2010
    Last Seen
    Today @ 12:24 AM
    Lean
    Undisclosed
    Posts
    10,432

    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by Henrin View Post
    What? Did I miss something? How does removing regulations mean destroying fresh water and food supply sources would be fine?
    How about if you remove such regulations, in the drive for higher profits some oil and gas exploration companies would dispose of toxic waste in fresh water sources contaminating the food supply.
    Happy Hanukkah Cheerfull Kwanzaa
    Happy Christmas Merry New Year Festivus for the rest of us

  4. #234
    Banned
    Join Date
    Mar 2009
    Location
    Naperville, IL
    Last Seen
    09-24-12 @ 02:14 PM
    Gender
    Lean
    Moderate
    Posts
    11,963

    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by rocket88 View Post
    Let the crazy promises begin!!

    Bachmann: I'll get gas under $2 - Dan Berman and Molly Ball - POLITICO.com



    How do you think that'll happen. Isn't oil freely traded? I guess you could nationalize the oil industry and regulate gas prices. That would be nothing like socialism...
    Great Post.

    Did any of the sheep who follow her even bat an eye?

  5. #235
    Banned
    Join Date
    May 2011
    Location
    Where they have FOX on in bars and restaurants
    Last Seen
    09-14-14 @ 02:09 PM
    Gender
    Lean
    Independent
    Posts
    14,700

    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by Lord Tammerlain View Post
    No, I am saying the US produced more oil then it has for a decade, the US also used alot less oil then it has been ( I believe by over 1 million bpd) yet oil prices are fairly high. Speculators do not and can not control the price of oil for the long term, they do not want to get stuck with the oil actually being delievered. Over the short term certainly oil speculators can have an effect. But if the actual supply is greater then the actual demand (both being phyiscal numbers for delievery and consumption, the price will go down. As prices have remained fairly high since around the start of 2010. It is good indicator that demand is fairly high outside of the US.


    Just stating the US is going to open up all areas for drilling is not going to have an effect unless those areas come on line in production, and can do so at higher rate then other areas decline. Recall the US is the worlds third largest producer of oil, yet it does not have the third largest reserves (economically proven), it does not even have the 10th largest reserves. The US can not drill its way to energy independance. It does not have the resources to economically do so ( it could do so at a cost of $200 a barrel, if it choose to)
    You are conveniently ignoring this.


    Oil shale Colorado, Utah deposits rival OPEC reserve

    Published: Sunday, June 10, 2007 12:07 a.m. MDT


    By Joe Carroll
    Bloomberg News


    Colorado and Utah have as much oil as Saudi Arabia, Iran, Iraq, Venezuela, Nigeria, Kuwait, Libya, Angola, Algeria, Indonesia, Qatar and the United Arab Emirates combined.

    That's not science fiction. Trapped in limestone up to 200 feet thick in the two Rocky Mountain states is enough so-called shale oil to rival OPEC and supply the U.S. for a century.

    Exxon Mobil Corp. and Chevron Corp., the two biggest U.S. energy companies, and Royal Dutch Shell Plc are spending $100 million a year testing new methods to separate the oil from the stone for as little as $30 a barrel. A growing number of industry executives and analysts say new technology and persistently high prices make the idea feasible.


    "The breakthrough is that now the oil companies have a way of getting this oil out of the ground without the massive energy and manpower costs that killed these projects in the 1970s," said Pete Stark, an analyst at IHS Inc., an Englewood, Colo., research firm. "All the shale rocks in the world are going to be revisited now to see how much oil they contain."

  6. #236
    Sage
    Lord Tammerlain's Avatar
    Join Date
    Jan 2010
    Last Seen
    Today @ 12:24 AM
    Lean
    Undisclosed
    Posts
    10,432

    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by sawyerloggingon View Post
    You are conveniently ignoring this.


    Oil shale — Colorado, Utah deposits rival OPEC reserve

    Published: Sunday, June 10, 2007 12:07 a.m. MDT


    By Joe Carroll
    Bloomberg News


    Colorado and Utah have as much oil as Saudi Arabia, Iran, Iraq, Venezuela, Nigeria, Kuwait, Libya, Angola, Algeria, Indonesia, Qatar and the United Arab Emirates combined.

    That's not science fiction. Trapped in limestone up to 200 feet thick in the two Rocky Mountain states is enough so-called shale oil to rival OPEC and supply the U.S. for a century.

    Exxon Mobil Corp. and Chevron Corp., the two biggest U.S. energy companies, and Royal Dutch Shell Plc are spending $100 million a year testing new methods to separate the oil from the stone for as little as $30 a barrel. A growing number of industry executives and analysts say new technology and persistently high prices make the idea feasible.


    "The breakthrough is that now the oil companies have a way of getting this oil out of the ground without the massive energy and manpower costs that killed these projects in the 1970s," said Pete Stark, an analyst at IHS Inc., an Englewood, Colo., research firm. "All the shale rocks in the world are going to be revisited now to see how much oil they contain."

    I certainly was not ignoring the oil shale. Which is why I put this in my post


    The US can not drill its way to energy independance. It does not have the resources to economically do so ( it could do so at a cost of $200 a barrel, if it choose to)


    Oil shale is not currently economical to drill, as it is very energy intensive to extract and convert from its current form (kerogen) to something usefull. Not to mention the amount of water that would be required in an already water restricted area. The US could right now start extracting that oil, but it would be wasting a huge amount of money in doing so,
    Happy Hanukkah Cheerfull Kwanzaa
    Happy Christmas Merry New Year Festivus for the rest of us

  7. #237
    Student
    Join Date
    Jan 2011
    Location
    Chicago area
    Last Seen
    11-06-13 @ 06:56 AM
    Gender
    Lean
    Conservative
    Posts
    234

    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by xpiher View Post
    So you are willing to destroy fresh water and food supply sources? Are you an idiot?
    No of course I am not an idiot. Idiots are those who believe that oil drilling destroys, en mass, fresh water and food supplies.

  8. #238
    Iconoclast
    DaveFagan's Avatar
    Join Date
    Mar 2011
    Location
    wny
    Last Seen
    Today @ 09:18 AM
    Lean
    Conservative
    Posts
    7,309

    Re: Bachmann: I'll get gas under $2

    Originally Posted by xpiher
    So you are willing to destroy fresh water and food supply sources? Are you an idiot?

    Quote Originally Posted by Nevergolfpar View Post
    No of course I am not an idiot. Idiots are those who believe that oil drilling destroys, en mass, fresh water and food supplies.
    I concur with Xipher on this matter.

  9. #239
    Bus Driver to Hell
    Thorgasm's Avatar
    Join Date
    Oct 2005
    Last Seen
    12-14-17 @ 06:57 PM
    Lean
    Very Conservative
    Posts
    68,198

    Re: Bachmann: I'll get gas under $2

    The market has proven that $3.00+/gallon gas is being sustained. There is no going back to gas under $2.00/gal. I don't care if aliens bring us a lifetime supply of crude oil. The oil companies are not going to refine any more oil than they have to.
    Quote Originally Posted by faithful_servant View Post
    Being a psychiatric patient does not mean that you are mentally ill.



  10. #240
    Mod Conspiracy Theorist
    rocket88's Avatar
    Join Date
    Mar 2011
    Location
    A very blue state
    Last Seen
    Today @ 08:56 AM
    Gender
    Lean
    Independent
    Posts
    31,193

    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by sawyerloggingon View Post
    You are conveniently ignoring this.


    Oil shale — Colorado, Utah deposits rival OPEC reserve


    You're missing one little line from there.


    A growing number of industry executives and analysts say new technology and persistently high prices make the idea feasible.
    So let's say they tap that. According to your model, the prices sink dramatically. Thus, making the second condition at play here go away -- you wouldn't have persistently high prices anymore.

    The prices are pretty high right now, right? So given that, and assuming they have the technology to extract it cheaply, the one thing stopping them is......Obama???


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

Page 24 of 28 FirstFirst ... 142223242526 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •